31 Mar Bitcoin and Ethereum Are Worst Investments in 2020 after Crude Oil
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Bitcoin and Ethereum are two of the most famous cryptocurrencies. During the fall of the markets, they fall especially loudly. Is this the ‘store of value’ power we’ve been hearing about for years? But only oil perform worse these days.
Since the beginning of the global coronavirus pandemic, world markets kept falling into the abyss. Many people start thinking about the true value of Bitcoin, Ethereum, crude oil, futures, and stocks. The Block analyst and notable crypto observer Larry Chermak is publishing interesting stats. Per the numbers, Bitcoin and Ethereum are the two most volatile assets out there, if we don’t count crude oil. Both coins lost a significant portion of the value during the global panic:
Biotechnology was the best-performing investment sector, followed by consumer staple firms, gold-mining firms and health-care providers, food and beverage companies, and medical device manufacturers. Worst performers were energy and finance sectors
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